The factor that goes in determining employee compensation is Compensation in other industries. Oprtion D
The total remuneration, whether in cash or in kind, that an organization pays an employee in exchange for labor performed by the latter during the accounting period is referred to as employee compensation.
The total remuneration, in cash or in kind, that an employer pays to an employee in exchange for labor performed by the latter during an accounting period is known as compensation of employees (D.1) in national accounts.
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